FL ARCHIVED November 2017 | Page 193

Market Action Report November 2017
Community Information | School District
Market Action Report November 2017

County : Okaloosa

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 329,900
2 %
12 %
Average List Price of all Current Listings
$ 529,967
2 %
12 %
November Median Sales Price
$ 222,500
-7%
-3%
1 %
1 %
$ 228,500
4 %
4 %
November Average Sales Price
$ 288,875
-7%
-4%
-7%
2 %
$ 298,547
6 %
6 %
Total Properties Currently for Sale ( Inventory )
1,482
-5%
-21%
November Number of Properties Sold
336
-9%
4 %
4,416
8 %
November Average Days on Market ( Solds )
74 -14% -13% -24% -27%
91
-11%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 177
4 %
2 %
7 %
7 %
$ 172
4 %
4 %
November Sold Price per Square Foot
$ 156
-4%
-1%
-1%
6 %
$ 159
8 %
7 %
November Month ' s Supply of Inventory
4.4
5 %
3 %
-24% -25%
4.4
-26%
-25%
November Sale Price vs List Price Ratio
95.8 %
. 6 %
. 4 %
1.2 % 1.0 %
95.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
November Property sales were 336 , up 4.0 % from 323 in
November of 2016 and 9.4 % lower than the 371 sales last month .
Property
November Sales 2017 sales were at their highest level compared to
600
500
November Property of 2016 sales and were 2015 . 336 November , up 4.0 % YTD from sales 323 in of 4,416 are
November running 7.9 of % 2016 ahead and of 9.4 last % lower year ' s than year-to-date the 371 sales sales last of month 4,092 ..
500
November 2017 sales were at their highest level compared to
400
November of 2016 and 2015 . November YTD sales of 4,416 are running 7.9 % ahead of last year ' s year-to-date sales of 4,092 .
400
300
300
200

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

200
100
347 243 293 387 384 398
Number of Properties Sold
Number of Properties Sold
100 0 D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
0 14 15 16
17 D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in November was $ 222,500 , up 1.2 % 350
Prices from $ 219,900 in November of 2016 and down 7.3 % from Median Sales Price and Average Sales Price
330
3 Mo Avg The $ 240,000 Median last Sales month Price . in The November Average was Sales $ 222,500 Price in , up November 1.2 %
350 from was $ 219,900 288,875 in , down November 6.7 % of from 2016 $ 309,699 and down in 7.3 November % from of 2016
310
330 $ and 240,000 down last 6.9 month % from . The $ 310,176 Average last Sales month Price . November in 2017 ASP 290 was $ 288,875 , down 6.7 % from $ 309,699 in November of 2016
310
was at a mid range compared to November of 2016 and 2015 . 270 and down 6.9 % from $ 310,176 last month . November 2017 ASP 290
250 was at a mid range compared to November of 2016 and 2015 . 270 230
250 210
230 190
210 170
190
150 170 150
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N 14 15
16
17
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N 14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 1,482 of Properties , down 5.0 available % from 1,560 for sale last as month of and
3,000 12.0
November down 21.1 was % from 1,4821,878 , down in 5.0 November % from 1,560 of last last year month . November and 3,000
12.0 2,500
10.0 down 201721.1 Inventory % from 1,878 was at in its November lowest level of last compared year . November with November 2,500 10.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November 2,000 8.0 of 2016 and 2015 . 2,000
8.0 1,500
6.0
1,500 6.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 4.0 higher MSI is better for buyers . The November 2017 MSI of 4.4 500
2.0 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 4.4 of 2016500
2.0 months and 2015 was . at its lowest level compared with November of 2016 0
0.0 and 2015 . 0
0.0 D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N
D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N 14 15
16 17
14 15 16
17
465 410 399
347 243 293 387 384 398 465 410 399 365 321 264 340 226 284 375 388 443 451 396 444 396 366 323 365 257 310 418 388 522 554 396 484 380 371 336
2,525 2,514 2,443 2,466 2,478 2,516 2,546 2,593 2,539 2,450 2,393 2,301 2,229 2,218 2,211 2,236 2,290 2,248 2,225 2,179 2,043 1,961 1,924
365 321 264 340 226 284 375 388 443
2,525 2,514 2,443 2,466 2,478 2,516 2,546 2,593 2,539 2,450 2,393 2,301 2,229 2,218 2,211 2,236 2,290 2,248 2,225 451 396 444 396 366 323 365 257 310 418 388 522
1,878 1,798 1,771 1,777 1,833 1,768 1,773 1,762 1,709 1,658 1,599 1,560 1,482
3 Mo Avg
554 396
2,179 2,043 1,961 1,924 1,878 1,798 1,771 1,777 1,833 1,768 1,773 1,762 1,709 1,658 1,599
484
3 Mo Avg
380
1,560
1,482 371 336
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Ass does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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